The new report comes toward the close of a year that has shaped up to a be one in which media companies raked in big dollars from investors and buyers.

In September, German media company Axel Springer announced plans to purchase 88 percent of Business Insider for $343 million, valuing the site at a stunning $390 million. The deal increases Axel Springer’s stake in Business Insider to 97 percent.

Other big-dollar deals involving digital media companies include NBCU investing $200 million in viral news and video site BuzzFeed in August, NBCU investing $200 million in Vox Media, parent company to popular explanatory politics site Vox in August, and Vice Media raising $500 million between A +E Networks and Technology Crossover Ventures in September.